Question: What is the main factor that differentiates the short-run cost function from the long-run cost function? a. Nothing, the two functions are identical. b. The

What is the main factor that differentiates the short-run cost function from the long-run cost function?

a. Nothing, the two functions are identical.

b. The level of technology.

c. Changes in government subsidies.

d. The nature of the costs.

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